Question

Mention the five causes that people deposit their money in the bank?​

Answer 1

Hope this helps :)

Step-by-step explanation:

1. Competitive Interest Rates. People prefer time deposits over regular savings because the interest rates are much higher, even three times.

2. Profitable Investment Means.

3. Ease of Accessing Interest.

4. Smaller Investment Risk.

5. Money Stored Safely.